My Bio

search my site:


Free Page Rank Tool

#7 in CNBC's top alternative financial sites


Using a phone or tablet? You may prefer the mobile version of oftwominds.com at the mirror site, charleshughsmith


MY NEW BOOK       My Books       Archives       Books/Films



What Happens When Cash Is No Longer Trash?

October 22, 2014


Those who actually create value as opposed to chasing yield with nearly-free money will actually have some traction once the swamp of excess liquidity drains.

When those closest to the money spigots of the Federal Reserve can borrow billions for next to nothing, cash--laboriously saved from years of paychecks--is reduced to trash. What chance does a saver have in a bidding war for a house or other asset against a financier who can borrow essentially unlimited cash?

Answer: none. The saver can leverage his cash at best 4-to-1: a 20% down payment leverages a mortgage of 80% borrowed money. The financier can borrow as much he wants for next to nothing.

The saver will lose every bidding war, thanks to the excess liquidity created by the Fed and other central banks. The reason given for this vast expansion of credit is that if credit is cheap enough, people and businesses will put that nearly-free money to work.

The problem with cheap credit is that it does not flow to productive investments--it flows to safe yields. Launching a new product or service is risky, especially in a stagnant economy, so the safe way to play unlimited credit (i.e. liquidity) is to chase assets that reliably generate returns.

Consider housing as an example. If a saver wants to buy a house to rent out as an investment, he is going to be paying 4.5% or so for the 80% of the money he is borrowing via a mortgage.

The rental income has to exceed his costs--the mortgage, property taxes, maintenance, etc.--by at least 3%. Otherwise he might as well buy a long-term Treasury bond and earn the 3% without the risk of vacancies, unexpected expenses like a new roof, etc.

Since his mortgage costs 4.5%, the yield has to be considerably higher than 5% to make buying the house a good investment. Let's say the rental has to generate a return of 10% to yield a net return (after paying the mortgage, property taxes, etc.) of 3%.

The financier paying less than 1% for his borrowed money has an entirely different calculus. Since the cost of his borrowed money is so cheap, he can bid the asset price up and still earn a return above 3%. Raising the price of the house quickly raises the costs of owning for the saver, as the interest costs of the bigger mortgage eat away at the yield.

The financier can raise his bid by 25% and the additional interest on the nearly-free money is trivial.

The systemic result of excess liquidity (cheap credit) is bubbles in every asset class that yields a low-risk return. Buying low-yield assets is still profitable if you can borrow money for next to nothing.

Though the timing of the collapse of excess liquidity is unknown, we can safely predict excess liquidity will collapse because all extremes eventually revert to the mean. At some point assets reach such heights that even free money isn't earning a real (i.e. adjusted for inflation) return.

At that point, participants lose faith in the easy-money policies that have issued cheap credit as the cure-all for stagnation. The excess liquidity is still gushing out of central banks, but even financiers don't want any more as there's no way left to earn a return even with nearly-free money.

As correspondent Jay F. observed, the collapse of excess liquidity will be a positive development, as it will restore the equilibrium between cash that is saved and the real returns on assets.

"A worthy subject for your attention and treatment is how the collapse of credit liquidity is actually a very helpful thing for individuals who are real creators of real value-- as they now get to compete on a much more level playing field. I see this phenomenon unfolding all around us as overvalued assets and professions go on the chopping block to maintain the status quo. It's actually a very good thing."

Well said, Jay. Those who actually create value as opposed to chasing yield with nearly-free money will actually have some traction once the swamp of excess liquidity drains.








Get a Job, Build a Real Career and Defy a Bewildering Economy (Kindle, $9.95)(print, $17.76)
go to Kindle edition
Are you like me?
Ever since my first summer job decades ago, I've been chasing financial security. Not win-the-lottery, Bill Gates riches (although it would be nice!), but simply a feeling of financial control. I want my financial worries to if not disappear at least be manageable and comprehensible.

And like most of you, the way I've moved toward my goal has always hinged not just on having a job but a career.

You don't have to be a financial blogger to know that "having a job" and "having a career" do not mean the same thing today as they did when I first started swinging a hammer for a paycheck.

Even the basic concept "getting a job" has changed so radically that jobs--getting and keeping them, and the perceived lack of them--is the number one financial topic among friends, family and for that matter, complete strangers.

So I sat down and wrote this book: Get a Job, Build a Real Career and Defy a Bewildering Economy.

It details everything I've verified about employment and the economy, and lays out an action plan to get you employed.

I am proud of this book. It is the culmination of both my practical work experiences and my financial analysis, and it is a useful, practical, and clarifying read.

Test-drive the first section and see for yourself.     Kindle, $9.95     print, $17.76

"I want to thank you for creating your book Get a Job, Build a Real Career and Defy a Bewildering Economy. It is rare to find a person with a mind like yours, who can take a holistic systems view of things without being captured by specific perspectives or agendas. Your contribution to humanity is much appreciated."
Laura Y.

Gordon Long and I discuss The New Nature of Work: Jobs, Occupations & Careers (25 minutes, YouTube)


HUGE GIANT BIG FAT DISCLAIMER: Nothing on this site should be construed as investment advice or guidance. It is not intended as investment advice or guidance, nor is it offered as such.... (read more)

WHY EMAIL TO THIS SITE IS READ BUT MAY NOT BE ACKNOWLEDGED: Regrettably, I am so sorely pressed for time and energy that I am unable to respond to the vast majority of emails. Please know I read all emails, but I can only devote a very limited number of hours to this blog and all correspondence....



This Month's entries:

What Happens When Cash Is No Longer Trash?
October 22, 2014

In Uncharted Waters
October 21, 2014

The Artists' Road to Serfdom: The Commoditization of Creative Content
October 20, 2014

Our New Robot Overlords & The Third Type of Capital
October 18, 2014

Why Nations (and organizations) Fail: Self-Serving Elites
October 17, 2014

Why the State Has Failed to Reform Our Broken Financial System
October 16, 2014

What Options Are Left for Central Banks?
October 15, 2014

Why Is the Put-Call Ratio (Fear Gauge) Higher Than in the Lehman Collapse of 2008?
October 14, 2014

Will the Fed Let the Stock Market Crash Before an Election?
October 13, 2014

Did Oil's Decline Take the Stock Market Down?
October 11, 2014

The Stronger Dollar = Stealth QE
October 10, 2014

Social Schizophrenia, Social Depression
October 9, 2014

End of the Empire
October 8, 2014

The Critical Difference Between Rentier Wealth and Wealth Creation
October 7, 2014

Crony Capitalism Is Kryptonite to Democracy and the Real Economy
October 6, 2014

At Home in Two Places
October 4, 2014

What Are We So Afraid Of?
October 3, 2014

The Sources of America's Political & Financial Dysfunction
October 2, 2014

Oil, Empire and Playing the Great Game
October 1, 2014


September 2014 entries

August 2014 entries

July 2014 entries

June 2014 entries

May 2014 entries

April 2014 entries

March 2014 entries

February 2014 entries

January 2014 entries


Archives

2005-2006     2007     2008     2009     2010     2011     2012     2013



  Thank you, Mark H. ($10), for your most-welcome generous contribution to this site-- I am greatly honored by your support and readership.  



SPECIAL APPEAL TO READERS OF OFTWOMINDS from longtime correspondent Cheryl A.:

I don't recall exactly how I discovered Of Two Minds in late 2005, but it is hard to express how grateful I am that I did. As a result of the insight I have gained from the information Charles has shared over these past 9 years, I have been able to navigate this turbulent period much more successfully than most of my acquaintances. I'm sure that those of you who visit OTM with any regularity have similarly benefitted in numerous ways.

The addition of the weekly musings has been an extra bonus for supporters that has provided further insight into the markets, as well as the world around us (often providing a much needed smile).

I have no doubt that those who generously contribute to this site recognize the value that it offers. I hope that those of you who visit, but have not yet contributed, will consider doing so. Your support is essential in helping to maintain such an important resource.

P.S. Over a year ago, Charles wrote about the coming rise in the dollar, a story that is just now gaining traction in the mainstream media. He was also early to recognize that the price of oil was going to fall. For readers who want foresight into where we are headed, these are further examples of why Charles deserves your support.

Thank you, Cheryl, for this vote of confidence. I can only promise that I will continue to do my best.


"This guy is THE leading visionary on reality. He routinely discusses things which no one else has talked about, yet, turn out to be quite relevant months later."
--Walt Howard, commenting about CHS on another blog.

"You shine a bright and piercing light out into an ever-darkening world."
Jeremy Beck




Or send coins, stamps or quatloos via mail--please
request P.O. Box address.


Contributions in any amount are greatly appreciated.



Subscribers ($5/mo) and those who have contributed $50 or more annually (or made multiple contributions totalling $50 or more) receive weekly exclusive Musings Reports via email ($50/year is about 96 cents a week).

Each weekly Musings Report offers six features:
1. Exclusive essay on a diverse range of topics
2. Summary of the blog this week
3. Best thing that happened to me this week
4. Market Musings--commentary on the economy & global markets
5. Cultcha/Culture: selected links to the arts, performances, music, etc.
6. From Left Field (a limited selection of interesting links)

At readers' request, there is also a $10/month subscription option. (Everyone at the $10/month rate has the opportunity to add another person to the Musings email list for free.)

What subscribers are saying about the Musings (Musings samples here):

"What makes you a channel worth paying for? It's actually pretty simple - you possess a clarity of thought that most of us can only dream of, and a perspective that allows you to focus on the truth with laser-like precision." Jim S.
P> The "unsubscribe" link is for when you find the usual drivel here insufferable.

How to Contribute, Subscribe/Unsubscribe to Of Two Minds

 
 

PayPal and Dwolla members can also subscribe to the weekly Musings Reports with a one-time $50 payment: please email me if you use Dwolla, as Dwolla does not provide me with your email.


                                                                       



Heroes and Heroines of New Media--2014

Outrageously Generous Supporters

Into this category fall those kind contributors who not only overlook the peculiar mix of topics and inconsistent quality of the site but who have perversely chosen to reward this anachronism with contributions of $100 or more.

Astoundingly Generous Supporters

Into this category fall those kind contributors who are so insanely generous that they have supported the site with contributions of $200 or more.

Thank you all for your ongoing support and encouragement.

Astoundingly Generous: ($200+)    
Peter K Charles C Cudick A David K Mike H Darren B
David P Karl L Paul L Brian K Dennis S Eric T
Jerzy W John K Michael N Robert M Stephen B Thomas B
Timothy K R.M. W Jeffrey W Stephen L Gary G Robert E
Robert N James W Arooj S Michael S Herb S Walter S
Camille G Charlie W Stephen J David P    
         
Outrageously Generous: ($100+)    
Kathy K Frank S Keith B Timothy S G. Wayne A Robert Z
Lowell G Paul C Paul K Riley T Scott C Steven C
Karsten O Richard R Al I Allen C Andrew F Andrew M
Bryan S charles R cheryl A Chris H Christine C Christopher H
Christopher T Craig H D. S Dan C Daniel D Daniel K
         
David B Dennis C Dolores T Don S DW M Edward D
Edward M Eugene M Eugenio M Spike T Gary G Gary R
Gregory J Guy T Harvey D Herb S H. Chow Family James B
Jan K Jay B Jeff M Jeff N John M John S
John V Jonathan F Joseph P Judith A Kevin M Lewis D
         
Loren F Michael R Mike B Mike K Miles H Richard B
Rob M Robert B Robert B Robert B Robert D Robert L
Robert P Royce M Sam R Scott S Sriram E Stace W
Stephen N Steven M Susannah W Tim L Tristam W Willard S
William B William S Mitch S Kevin K Steve R Edward P
         
Christopher L Dan A Steve E J.M. S Gail G John K
Michael M Sarah M Bob M Larry T Stephen K Kenneth B
Bryce W Peter R. Thomas H Stephen J Stephanie C David E
Robert P Amir H James M Ron R Jim G Arthur T
           
         
Subscribers ($10/month) (offered atreaders'request)
Helen St. C Ian C James A James B Jan D L Jeroen T
John F John L John R John S John T Kevin L
Martin C Michael R Michael R M.J. M Nicolas B Richard B
Robb D Robert E Robert N Ronald E Ryan S Steven B
Susan M W. Anthony H Warren C Alejandro S Richard P Arooj S
           
William K Joe G Mark T Michael G Jerzy W Brian S
Harry B Kathy S George B Hinze C Tom P Lubomir K
Kevin S          


Subscribers($5/month)      
Adam E Alan W Andrew H Ann M    
    Bill B Bimal M Boris P Brian S
Camille G Cheryl S Clyde D Colin C Craig H Dan T
Daniel E Daniel G Daniel I Daniel S David H David M
David R Daniel S Denise S Deward T Doreen H Eduardo B
         
Edward H Federico T Gail E Garrett R Gaylan P Grace B
Greg G Gregory S Gregory W Henry G Heriberto V Hudon C
Hugh W   Jason B Jeffrey C Jeffrey S Joe G
John C John D John F John G John G John H
John H John M   John R Jonathan S Keith M
         
Kendall H Kenji K Kevin M Kurt A Kurt W Loy R
Manish G Marcia M Mark T Matt S Matthew N Max J
Max M Michael C Michael H Michael R Michael S Michael W
Millie N Nathan J Pamela U Paul B Peter C Peter E
Peter T Philip D Quentin V T Ralph S Ray C Reese G
         
Rekha S Rick E Robert B Robert E Robert G Robert M
Robert M Russ J Russ R Ryan L Scott F Scott L
Scott R Shannon T Steve S Steven B Stuart O Sue K
T.D. B Thomas K Thomas O'C Tim O'B Timothy T Todd G
Tracy P Trenna L Tyrone B Venkatesh P Vera K Vince W
         
William H William T William W James K Darwin H Justus B
Charles M Joel H Delsina M Steven C Edward S  
  Richard G New Terra Farm James W Amir H James B
Edward P Helen S C Nathan W Mark M Mary D Bohdan M
George F Michael F Michael C Russell R Lindsay M Scott W
           
Benjamin C Mary L Janet S William M Bob S Robert T
Michael G Aryeh N Steve S Jennifer G Kevin M Christopher B


Contributors ($50+)     
Vladimir T David H Bryce W Kerry W Lynn M Michael P
Michael S Richard M Steven K Carl G Carl G Robert B
Lincoln F Brian L Daniel A J.M. S James M James P
Marilyn B Michael M Michael V Mike G Richard G Scott B
William W David O Amy C Kenneth C Anthony B ADR
         
Barney S Ben G Bob M Brenda C-W Brenda W Bud W
C William S Christi N Christopher B Christopher L Claire B Craig H
Dale F David C David W Dennis G Dhananjay B Diana S
Dominick B Donald B Drew R Edward M Edward P Elizabeth B
Frank K Fredrik A Gail G Gary S George K Gregory U
         
Gunnar A Gwyneth M Harry P Harry R James B James K
James K Jeffrey N Jeremy B Jim L John D'A John H
John S John St. P John V Jose S Joseph M Karen G
Kenneth M Kent M Laura D Lori U Madhususdhana H Mark F
Mark J Martin S Marvin M Melissa A Michael M Michael L
         
Michael M Michael S Michael Y Michael Z Mike M Nancy K
Nathan W Patrick T Paula C R. Stephen D Ralph W Ray W
Raymond R Richard H Richard O Richard P Robert C Robert M
Robert V T Ronald R Roy S Sarah M Sharon J Shawn B
Stephen B Stephen K Stephen T Steven K Susan H Ted F
         
Thomas K Timothy E Toby B Tracey T Troy T Walter J
Wayne H William H William K William M William S Yoni F
Mark H Luther A Mark H Lee V D B Clifford S Erle H
Jay H Karen B Linda D Marsha F Mary D Michael J
Roger H Blake T Mary S Philip B Robert B Schuyler G
         
Christopher B James M Lee B Anthony S William M Birgitta M
Mike S Kenneth B Jon J James D Jeff N William C
Judy W Lawrence R Kathi I Lance D Andy G David W
Hugh M Robert S Jonathan F Stephen M Steve B Don J
Randy W Raoul K Vivian C William B Matthew H Geoffrey C
         
Matt P Lisa P David P Peter D James D Stephen J
Brian R William P Bud W Brian R Brian L Stuart L
Charles M Keith B Gary S mark F Helen S Eric K
Nick S Ted B Maynard W Donald C Alan B George V
Richard B Francis M Simon C Daniel G
         
Matt M Cort K Murphy Design Price T Glenn H Wiktor S
Prentice W          


Contributors(less than $50)      
Bernard W Duane S Eric V B Steve W William B Rusty R
Mark M William H Larry M Michael A Edward K Anne B
Timothy M Steve S Brendan W Michael S Timothy T Brian C
John A Mark B Robert C Craig M David C Howard R
Gregory G William C Robert K Alan P Mark H David P
         
Daniel J Ernest L Brian C Dogs Health Kerry W Jeff M
Michael K Susan V Advanced Downloading Transformation Institute Karen H Miha B
Mark H Michael N Deborah C Mark M John D Erle H
Max C Rudolf P Gregory K Robert M Ryan D Sidharth S
Wendell D Thomas M Tech 100 Thomas D Sidharth S  
           

If I incorrectly entered your name or contribution category, or missed your contribution/subscription, please email me so I can correct it. It's a one-man shop here and I do make mistakes, but want to remedy them as soon as possible. Thank you.


                                                                       

All content, HTML coding, format design, design elements and images copyright © 2014 Charles Hugh Smith, All global rights reserved in all media, unless otherwise credited or noted.

                                                                       

Extra-Special Bonus Aphorisms:


"There is no security on this earth; there is only opportunity."
(Douglas MacArthur)

"We are what we repeatedly do." (Aristotle)

"Do the thing and you shall have the power." (Ralph Waldo Emerson)

"Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius and a lot of courage to move in the opposite direction." (E.F. Schumacher, via Tom R.)

"He who will not risk cannot win." (John Paul Jones)

"When we drink coffee, ideas march in like the army." (Honore de Balzac)

"Progress is not possible without deviation." (Frank Zappa, via Richard Metzger)

"Victory favors those who take pains." (amat victoria curam)

"The man who has a garden and a library has everything." (Cicero, via Lee Bentley)

"A healthy homecooked family meal and a home garden are revolutionary acts." CHS

"Do you know what amazes me more than anything else? The impotence of force to organize anything." (Napoleon Bonaparte)

"The way of the Tao is reversal" Or "Reversal is the movement of Tao." (Lao Tzu)

"Chance favours the prepared mind." (Louis Pasteur)

"Success consists of going from failure to failure without loss of enthusiasm." (Winston Churchill)

"Where there is ruin, there is hope for treasures." (Rumi)

"The grand essentials to happiness in this life are something to do, something to love and something to hope for." Joseph Addison (via Susan J.)

"The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane." (Marcus Aurelius, Meditations, via Wayne H.)

"Passive absorption of marketing-dominated media is the primary activity on the plantation of the mind, and that of course is the goal of the colonial overlords: distraction, passivity, confusion, divide and conquer, and the old stand-by, financial desperation." (CHS)

"While we can always buy back into a trending market, we cannot go back in time and recover a profit lost to greed or complacency." (CHS)

"Whatever remains unconscious emerges later as fate." (Carl Jung)

"Any sufficiently advanced cartel's actions are indistinguishable from magic." (CHS)

"We have no leadership, just cronies and puppets." (CHS)

"The secret sauce in an investment isn't the upside, it's the viability between people who choose to share your dream in business or in life." (Eric P.)

"The ultimate goals of making money are balance and independence from money." (An Chu)

"Central planning perfects the power of threats to bypass the system's defenses." (CHS)

"Independence requires independence of thought, habit and action." (CHS)

"Certainty has another advantage: it's more persuasive than hedged hesitancy." (CHS)

"That which is cheap and abundant will be squandered until it is no longer cheap or abundant." (CHS) (3/5/2014)

"The prime directive of any bureaucracy is to eliminate all accountability." (CHS)

"In a world besotted with the artifice of consumerism, what matters is not what can be commodified and bought but what can't be commodified and bought." (CHS)

"The Mobile Creative credo: trust the network, not the corporation or the state." (CHS)

The Smith Market Uncertainty Principle: The more precisely we can determine the likelihood of a trend change, the less precisely we can determine the timing of the trend change--and vice versa. (June 20, 2014)

The Smith Uncertainty Principle: Every sustained action has more than one consequence. Some consequences will appear positive for a time before revealing their destructive nature. Some consequences will be intended, some will not. Some will be foreseeable, some will not. Some will be controllable, some will not. Those that are unforeseen and uncontrollable will trigger waves of other unforeseen and uncontrollable consequences. (July 8, 2014)

"The truth at any cost lowers all other costs." (Robert David Steele)

click here for more Extra-Special Bonus Aphorisms.


                                                                       




Add Of Two Minds to your reader:


Making your Amazon purchases through this Search Box helps support oftwominds.com at no cost to you:





  • A 95-minute movie (2 tix) with 10 minutes of ads and a small popcorn costs $25+. If you enjoyed this site for at least 2 hours this year, and you contribute $25, you already received more entertainment than you did from the movie. The other 100+ hours of enjoyment you receive here is FREE.
  • Subscribers ($5 or $10/mo) and donors of $50 or more receive exclusive weekly Musings Reports. (Samples)
  • You have the immense moral satisfaction of aiding a poor dumb writer who seeks to inform, entertain and amuse you.



  • Subscribe via Dwolla: please email me, as Dwolla does not provide me with your email: ($50 annually)



    Housing Bubble:

    patrick.net

    HADD (homeowners against deficient dwellings)

    Dr. Housing Bubble (SoCal)

    Home Price Futures


    Finance/Stocks:

    Zero Hedge

    Mish's Global Economic Analysis

    Max Keiser.com

    Peak Prosperity

    David Stockman's Contra Corner

    Financial Survival Network

    Wall Street for Main Street

    Wall Street Window.com

    Rick's Picks

    The Wall Street Examiner

    Macro Analytics
    (YouTube channel)
    Audio/video library of shows with CHS

    Jesse's Cafe Americain

    The Chart Store A picture is worth a 1,000 words

    Doug Short

    Seeking Alpha

    Implode-o-Meter sites:
    Mortgage Lenders
    Banks
    Home Builders
    Hedge Funds

    Great Depression 2006

    Market Ticker

    Maoxian (Beijing)

    We Are Futures Traders

    321 Gold

    Credit Writedowns

    A Rich Life

    Elaine Supkis

    The Big Picture

    Trade with Dave

    Early Retirement Extreme

    Financial Sense

    Mybudget360

    Acting Man

    Wolf Street

    The Burning Platform

    DenaliGuide's Summit

    Solar Cycles

    Carl Futia

    Elliott Wave 5.0 "Reboot"

    Keystone Speculator

    State of the Market

    STA Wealth Management

    demon*ocracy.info (infographics)

    Market Daily Briefing

    The Economic Collapse

    Steve Keen's Debtwatch

    Washington's Blog

    The Born Again Debtor

    TraderFeed

    Finviz Futures


    Unique Audio/Radio

    The Conversation
    long-format interviews

    KALW KALW public radio

    Living Wealthy Radio (Teresa Kuhn)

    ignoranti.org interviews


    International
    Ekonomi Turk

    lloydsauvante, expatriate in Ukraine


    Energy

    oilprice.com

    The Oil Drum (TOD)

    postcarbon.org

    bravenewclimate.com

    peakoil.net

    iea.org

    Post Carbon Institute

    Our Finite World


    Policy/Ideas

    Transforming Economy (Citizen Zeus)

    Gregor.us

    The Archdruid Report

    Fabius Maximus

    Global Guerrillas

    Shadow Government Statistics

    Drug News/Health Blog Doug Bremner MD

    Pension Watch

    Directory of U.S.-made products

    Exponential growth explained (YouTube)

    Who Rules America?

    The Economics of Happiness (film and site)

    Freeacre & Murph

    Out of Your Rut

    Sacred Economics

    Interfluidity

    Michael O. Church

    nsfwcorp.com

    Infographic of the Status Quo (Rebooting Capitalism)

    Verso Books

    Squeezing the hour glass


    Authors/Artists

    Dangerous Minds Richard Metzger

    A Change in the Weather Ray W.

    James Howard Kunstler

    John Francis Kinsella

    The Rhythm of War

    Operation SERF (Strategic Action Thriller) Chris Sullins

    Gigi-Hawaii

    Deep Into ArtLife West

    Dan Tyler

    Jill K. (copyediting)

    Eaton Rapids Joe


    Permaculture
    (via Jason C.)

    Gaia's Garden: A Guide To Home-Scale Permaculture

    Perennial Vegetables: A Gardener's Guide to Over 100 Delicious and Easy to Grow Edibles

    Moringa: Nature's Medicine Cabinet

    Edible Forest Gardens (2 volume set)

    Permaculture: A Designers' Manual

    Permaculture Activist (website)

    Zaytuna Farm Tour (Geoff Lawton) (video)

    Urban Permaculture with Michele Margolis (video)

    Greening the Desert (Geoff Lawton) (video)


    Farming/Gardening / Self-Sufficiency

    Everlasting Seeds (heirloom, USDA organic)


    Architecture

    Architext
    Red-Tile Style (website)
    Red-Tile Style (book)
    Storybook Style: America's Whimsical Homes


    Health

    Ayurvedic nutrition
    New book:
    Ayurvedic Nutrition

    European Institute of Vedic Studies

    New Medicine Foundation

    healthy skeptic.org


    Pro-Bicycle/Car-Free

    Waterside Workshops

    Halcyon Bike Shop

    electricbikeworks.com

    streetsblog.org

    carfreeusa

    bikeportland.org

    bikesnobnyc

    carfreewithkids

    howwedrive


    Smart Growth/Alt. Transpo

    t4america.org

    discoveringurbanism

    theoverheadwire

    Regional Communities


    The Great Transformation

    Club Orlov

    Mat Stein: When Technology Fails

    Appropriate Infrastructure Development Group (AIDG)

    The Survivalist Blog

    Little Homestead in the City


    Dumpster-Diving/Freegan

    Urban Dumpster Diver


    Hawaii

    ilind.net (Ka'a'awa)

    Richard Ha/Hamakua Springs

    Hilo Living


    Leaving America

    Yield Qwest: Overseas Business Emigration


    Buy gold online:

    Buy gold online at low prices: BullionVault

    Need to send a gift?
    Amazon.com gift certificates

    give a Kindle ebook

    Note: at no cost to you, I earn a small commission on purchases made via BullionVault and Amazon.com.


    Original Music

    2 new songs:


    Obsession (Song 29)
    (rock/grunge; CHS & CC, lead guitars)

    The Bridge
    (jazz; CC, bass & guitars)


    My Big Island Girl
    (CHS/CC)

    Alex and Daz Theme
    (2013, reggae/rock/jazz; lead guitar: 1st half CHS, 2nd half CC)

    My James Bond 2016 Theme
    (2013, CHS and CC, guitars)








    Wikipedia Affiliate Button



    Free Page Rank Tool



    My "definition" of success:

    1. Did I make myself useful today?
    2. Did I take care of myself today and avoid burdening anyone with my cares and troubles?
    3. Were I to meet the living Jesus or Buddha at day's end, would I feel ashamed of my conduct during the day, or could I meet his gaze with the inner knowledge that I emulated his teachings to the very best of my ability?


    live free
    live well
    live with integrity
    live with kindness
    be average but with self-discipline


    7 things to aspire to:

    austerity
    restraint
    humility
    responsibility
    patience
    sacrifice
    thrift

     

       
    Terms of Service:
    All content on this blog is provided by Trewe LLC for informational purposes only. The owner of this blog makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. The owner will not be liable for any errors or omissions in this information nor for the availability of this information. The owner will not be liable for any losses, injuries, or damages from the display or use of this information. These terms and conditions of use are subject to change at anytime and without notice.

    Our Privacy Policy:
    Correspondents' email is strictly confidential. The third-party advertising placed by Adsense, Investing Channel and/or other ad networks may collect information for ad targeting. Links for commercial sites are paid advertisements. Blog links on the site are posted at my discretion.

    Our Commission Policy:
    Though I earn a small commission on Amazon.com books and gift certificates and gold (BullionVault) purchased via links on my site, I receive no fees or compensation for any other non-advertising links or content posted on my site.


       
       
    My Books         Archives         Books/Films
       
        home     email me (no promise of response, sorry, here's why)     mirror site